RaviChandran_Rajkumar

Bank Nifty Trade Plan for 05 JAN 2022

NSE:BANKNIFTY   NIFTY BANK
Bank Nifty Trade Plan for 05 JAN 2022

Expecting a gap up opening around 36900 in and if it sustains above PDH then we can expect first target around 37027 and then 37122.

Any resistance around R1 or Bearish Reversal zone we can expect BN to test out CPR zone. Being expiry tomorrow expect BN to be in trading in a range in case if it reverse from R1.